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Archive for the 'ESG' Category

  • December 18, 2023

    Sustainability as an Opportunity for Semiconductor Product Innovation

    By Alua Suleimenova, ESG Program Manager, Marvell

    The annual United Nations Climate Change Conference COP28 taking place this year in Dubai has brought technology under the sustainability spotlight. In an era of rapid technological advancement, digitalization and proliferation of AI, environmental impacts of technology cannot be overlooked. The semiconductor industry is now at a unique juncture: the global demand for semiconductor products is growing rapidly alongside increasing pressure to reduce greenhouse gas (GHG) emissions.

    Reducing emissions from semiconductor product manufacturing remains the most effective and preferred response measure to climate change for many companies. At the same time, addressing upstream climate impacts alone would not represent a comprehensive picture. Semiconductor companies are increasingly embracing sustainable product design and prioritize power reduction both intrinsically in the products themselves and extrinsically - by collaborating with their customers around energy efficiency in the data infrastructure systems in which the semiconductor products are deployed.

    Marvell Circuit Board

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  • March 21, 2023

    New Goals Demonstrate Marvell’s Commitment to ESG

    By Rebecca O'Neill, Global Head of ESG, Marvell

    Marvell recently released its inaugural Environmental, Social and Governance (ESG) Report, detailing the company's goals, strategic approach, and commitment to building a sustainable future. Marvell's approach is based on the areas of greatest impact and opportunity for our company: integrating environmental and social considerations into our product design and responsibly managing the impacts of our supply chain, while focusing on strategic ESG initiatives that are material to our financial performance and long-term value creation.  

    Part of our overarching commitment to address ESG topics involves continuous improvement. That’s why Marvell has set a range of goals that showcase key areas of focus for our business, now and in the future. 

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  • February 08, 2023

    Marvell’s Commitment to Inclusion and Diversity

    By Rebecca O'Neill, Global Head of ESG, Marvell

    Marvell is committed to fostering an inclusive, diverse, and engaging workplace to fully leverage the perspectives and contributions of every individual at the company. We strive to create an environment where people feel fulfilled, inspired, and motivated to learn and grow, personally and professionally.

    What Inclusion and Diversity Means to Marvell
    Inclusion means focusing on respect, acceptance, and the ability to appreciate a culture-add approach where we can all bring our full authentic selves to work, every day.

    To us, diversity means valuing differences. We value the unique perspectives and experiences of every employee. It is this uniqueness that every employee brings to the company, which is powerful and provides us with a competitive advantage.

    Our Strategy
    We have developed a strategy focused on four Inclusion & Diversity business outcomes:

    Marvell F22 inclusion and Diversity Strategy

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  • January 27, 2023

    Supporting Our Communities

    By Rebecca O'Neill, Global Head of ESG, Marvell and Sandy Rodriguez, Sr. Compliance Analyst, Marvell

    At Marvell, we are committed to giving back to the communities where we live and work. Our community engagement focuses on three key pillars:

    • Humanitarian endeavors supporting organizations that combat hunger, poverty and homelessness
    • Investing in innovative K–12 educational programs in science, technology, engineering and math (STEM)
    • Championing community projects or initiatives to enrich the lives of our neighbors

    The company will also match employee donations up to $500 per calendar year when an employee makes a donation to a nonprofit aligned with our philanthropic pillars. In addition, we launched a volunteer time off program, offering employees up to three days or 24 hours of paid time off per year to volunteer for causes they care about and support organizations working in our pillar areas. We aim to have at least 20% of our employees participate in our volunteer time off and employee match programs. Both of these endeavors are offered globally.

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  • October 05, 2022

    Designing energy efficient chips

    By Rebecca O'Neill, Global Head of ESG, Marvell

    Today is Energy Efficiency Day. Energy, specifically the electricity consumption required to power our chips, is something that is top of mind here at Marvell. Our goal is to reduce power consumption of products with each generation for set capabilities.

    Our products play an essential role in powering data infrastructure spanning cloud and enterprise data centers, 5G carrier infrastructure, automotive vehicles, and industrial and enterprise networking. When we design our products, we focus on innovative features that deliver new capabilities while also improving performance, capacity and security to ultimately improve energy efficiency during product use.

    These innovations help make the world’s data infrastructure more efficient and, by extension, reduce our collective impact on climate change. The use of our products by our customers contributes to Marvell’s Scope 3 greenhouse gas emissions, which is our biggest category of emissions.

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